Adams Bag Company Paper Mill (Chagrin Falls, Cuyahoga County)
Total Project Cost: $8,486,778
Total Tax Credit: $1,650,195
Address: 218 Cleveland Street, 44022
Originally a paper mill and sack factory for the Adams Bag Company, this striking mill complex is one of the last remaining historic industrial structures on the Chagrin River. The complex was used for industrial purposes until 2004, and has sat vacant and decaying since. Developers have secured multiple office tenants, two restaurants, and a microbrewery that will be calling the mill home following redevelopment. This is the first project in Chagrin Falls to utilize the Ohio Historic Preservation Tax Credit program and is expected to house more than 100 jobs onsite.
Akron Savings and Loan (Akron, Summit County)
Total Project Cost: $13,960,925
Total Tax Credit: $3,113,231
Address: 156 South Main Street, 44308
Also known as the Landmark Building, the Akron Savings and Loan building is a component of the larger Civic Theatre Block project. The mixed-use project includes residential, retail and restaurant space directly adjacent to Akron's grand Civic Theatre. The Akron Savings and Loan portion of the project includes 86 apartment units and more than 18,000 square feet of restaurant and retail space. The project is expected to create 135 permanent jobs and 40 construction jobs.
Fairmont Creamery Ice Cream Building (Cleveland, Cuyahoga County)
Total Project Cost: $15,197,604
Total Tax Credit: $3,120,777
Address: 1720 Willey Avenue/2306 West 17th Street, 44113
Located on the edge of Cleveland's Tremont Neighborhood, the Fairmont Creamery Company built this five-story complex in 1930. Closed in 1983, the vacant building will be rehabilitated to include 27 apartments with interior parking and more than 17,000 square feet of retail and office space. Interesting features of the project include multiple roof decks and second-story residential spaces in an existing penthouse. Construction is expected to create 79 construction jobs and the rehabilitated complex will house an estimated 55 permanent jobs.
Goodyear Hall (Akron, Summit County)
Total Project Cost: $36,009,150
Total Tax Credit: $5,000,000
Address: 1201 East Market Street, 44305
Built for the employees of the Goodyear Tire and Rubber Company in 1920, the Goodyear Hall complex included a bank branch, auditorium, gymnasium and community rooms. Now that Goodyear has constructed a new world headquarters building in Akron, Goodyear Hall will be transformed by Industrial Realty Group (IRG) into 109 market-rate apartment units above retail and office space. The auditorium and gymnasium will remain public space. The project is expected to create more than 150 permanent jobs and 400 construction jobs.
Phoenix Block (Ravenna, Portage County)
Total Project Cost: $2,633,547
Total Tax Credit: $515,000
Address: 105-109 East Main Street, 44266
The Phoenix Block in downtown Ravenna is most identifiable as the home of the Independent Order of the Odd Fellows. Coleman Professional Services has purchased a portion of the building and plans 10 affordable supportive housing units on the second and third floors. On the first floor three storefronts will be operated as enterprise businesses and provide employment opportunities for participants in Coleman's vocational programs. The project is the first in Ravenna to use Ohio Historic Preservation Tax Credits and is expected to create more than 30 permanent jobs.
Starr Gennett Building (Cleveland, Cuyahoga County)
Total Project Cost: $2,510,005
Total Tax Credit: $422,001
Address: 1224 Huron Road, 44114
The Starr Piano Company constructed the Starr Gennett Building in 1910 as a showroom for pianos and organs. The building has had multiple tenants through the years and was covered in a brick veneer in the 1980's. Development plans include removing the modern facade and installing nine upscale apartments in the vacant building. The first floor will retain a commercial use, creating up to 24 permanent jobs. Rehabilitation work is anticipated to generate at least 20 construction jobs.
St. Luke's Hospital Final Phase (Cleveland, Cuyahoga County)
Total Project Cost: $14,935,504
Total Tax Credit: $506,600
Address: 11311 Shaker Boulevard, 44105
St. Luke's Hospital in Cleveland's Buckeye-Shaker Neighborhood was shuttered in 1999, but is undergoing a major redevelopment as an affordable housing and commercial space. The final phase of the project includes rehabilitation of the east wing into office space for several nonprofit organizations and classrooms for The Intergenerational School (TIS), a charter school. This phase of the project is anticipated to create 155 construction jobs and space for 93 permanent jobs.
1220 Huron (Cleveland, Cuyahoga County)
Total Project Cost: $16,081,818
Total Tax Credit: $3,545,455
Address: 1220 Huron Road, 44114
The building at 1220 Huron near Cleveland's Playhouse Square theater district was originally constructed as the 800-car Creswell Parking Garage. After the garage closed in 1924, the building was converted for office tenants. Most of the building is currently vacant however the owner is planning a full rehabilitation to convert the upper floors into 80 apartments to be known as the Residences at Playhouse Square Plaza. Construction will generate 50 jobs and the retained first floor commercial space will house at least 15 permanent jobs.
Jones Mansion (Findlay, Hancock County)
Total Project Cost: $585,000
Total Tax Credit: $125,000
Address: 313 East Sandusky Street, 45840
Erected as the home of early industrialist Elijah P. Jones, the Second Empire Jones Mansion is one of Findlay's most stately homes. Currently vacant, the property will be restored for use as an events center for meetings, weddings and corporate events. A local caterer, The Bistro, will provide foodservice to the facility. Construction is expected to create seven jobs and the event center will generate an estimated five jobs once in operation. This is the first project in Findlay or Hancock County to leverage the Ohio Historic Preservation Tax Credit program.
Merriman Block (Kenton, Hardin County)
Total Project Cost: $225,000
Total Tax Credit: $43,750
Address: 101 North Detroit Street, 43326
Seated catty-corner from the Hardin County Courthouse in the Kenton Courthouse Square Historic District, 101 North Detroit is a two-story commercial building. The mostly-vacant building will undergo rehabilitation to accommodate the expansion of Twirl, a bridal, prom and tux shop that will be expanding their downtown location. The rehabilitation project is the first in Kenton or Harding County to access the Ohio Historic Preservation Tax Credit program and is expected to create an estimated 10 jobs.
Clione Bailey House (Westerville, Franklin County)
Total Project Cost: $139,000
Total Tax Credit: $12,250
Address: 68 South Grove Street, 43081
The modest Clione Bailey House is located in Westerville's Temperance Row Historic District. Westerville had become the headquarters of the Anti-Saloon League of America (ASLA) in 1909, and many of the organization's leadership settled in Temperance Row. The head of ASLA's literature department, Clione Bailey bought her house in 1917. Always used as a residential structure, the long-vacant property will now be rehabilitated into a single-family rental home. The project is the first in Westerville to utilize Ohio Historic Preservation Tax Credits.
Old Ohio School for the Deaf (Columbus, Franklin County)
Total Project Cost: $17,590,635
Total Tax Credit: $3,885,891
Address: 400 East Town Street, 43215
The Ohio Institution for the Deaf was the first state supported institution of its kind when it was chartered in 1829. The school expanded in 1899 with the construction of the building now targeted for redevelopment. The building will become the home for Cristo Rey High School. Cristo Rey is a college-preparatory school with a professional work-study program designed to empower youths from economically challenged families. The project is expected to create 44 construction jobs and 75 permanent jobs.
Washington School (Washington Court House, Fayette County)
Total Project Cost: $9,828,625
Total Tax Credit: $2,317,206
Address: 318 N. North Street, 43160
Designed with classical influences of the Beaux Arts style, Washington School was constructed in 1913. The well-maintained property operated as a school until 2009 when a new facility opened. The Woda Group acquired the original portion of the building from the Washington Court House Board of Education and plans to rehabilitate the structure into 42 senior living apartments. Expected to create more than 37 jobs, this is the first project in Washington Court House or Fayette County to take advantage of the Ohio Historic Preservation Tax Credit program.
Brill House (Cincinnati, Hamilton County)
Total Project Cost: $256,250
Total Tax Credit: $62,500
Address: 1612 Elm Street, 45202
Located just south of Over-the-Rhine's Findlay Market in Cincinnati, the Brill House is a slender three-story apartment building adorned with balconies, wrought-iron detailing and a bracketed cornice. Porch Swing Properties has acquired the property and intends to create seven residential units above the commercial storefront. The project is the first major investment in the block and is expected to bring 10 new residents and at least seven jobs to the neighborhood.
Kinsey Apartments (Cincinnati, Hamilton County)
Total Project Cost: $995,407
Total Tax Credit: $181,635
Address: 2415 Maplewood Avenue, 45202
Beaux Arts in design, the Kinsey Apartments is a neighborhood landmark in Mount Auburn. The building has been vacant for almost four years, but is still in good condition on the interior. Development plans include full rehabilitation to maintain the structures residential use and create 12 market-rate apartment units. Construction is expected to create 12 jobs. The project will be granted additional tax credit allocation, up to the requested $5 million, as additional tax credit allocation becomes available through withdrawn applications or project savings.
Union Trust Building (Cincinnati, Hamilton County)
Total Project Cost: $33,250,000
Total Tax Credit: $5,000,000
Address: 36 East 4th Street, 45202
The Union Trust/Bartlett Building was the first of four office towers constructed in Cincinnati under the design of famous Chicago architect Daniel Burnham. Originally the headquarters of Union Trust Bank, a predecessor of today's Fifth Third Bank, the office building was shuttered several years ago. With the help of the tax credits, the 17-story structure will become a full-service Renaissance Hotel by Marriott. Featuring more than 300 rooms, the project is anticipated to create more than 125 construction jobs and 150 permanent jobs.
Woodward High School (Cincinnati, Hamilton County)
Total Project Cost: $24,292,232
Total Tax Credit: $3,471,904
Address: 1310 North Sycamore, 45202
Most recently the building has been known as the Cincinnati School for Creative and Performing Arts, but the original construction dates back to 1910 when it was built to serve as Woodward High School. This site has been purchased by Core Redevelopment of Indianapolis, Indiana from the Cincinnati Public School District. The 225,000 square foot property is planned for redevelopment as 155 market-rate apartments targeted at working professionals in the downtown area. The project is expected to attract more than 220 new residents to the neighborhood and create more than 120 full-time equivalent jobs during construction. The project will be granted additional tax credit allocation, up to the requested $5 million, as additional tax credit allocation becomes available through withdrawn applications or project savings.
516 East 13th Street (Cincinnati, Hamilton County)
Total Project Cost: $1,366,516
Total Tax Credit: $249,999
Address: 516 East 13th Street, 45202
The properties that line East 13th Street in the Pendleton section of Over-the-Rhine in Cincinnati housed working immigrants when they were erected. Today, 516 and 518 East 13th are planned for rehabilitation by Model Group. Once complete, 516 will house seven one-bedroom apartments. A total of 24 jobs are anticipated as a result of construction activities and reoccupation of the property.
518 East 13th Street (Cincinnati, Hamilton County)
Total Project Cost: $1,000,195
Total Tax Credit: $230,232
Address: 518 East 13t Street, 45202
Planned for redevelopment with the neighboring property, 518 East 13th Street will be rehabilitated into three one-bedroom and two two-bedroom apartment units. The property's interior still contains historic finishes, which will be retained during the rehabilitation process. Construction and reoccupation of the property is anticipated to create an estimated 17 jobs.
1405-07 Elm Street (Cincinnati, Hamilton County)
Total Project Cost: $1,838,474
Total Tax Credit: $247,981
Address: 1405-07 Elm Street, 45202
Located in the Over-the-Rhine Neighborhood of Cincinnati, 1405-07 Elm Street is a three-story residential building. The property is just north of Washington Park, where a recent $45 million renovation is acting as a catalyst for redevelopment of the neighborhood. After rehabilitation, 1405-07 will provide four market-rate apartment units, bringing additional investment and residents. Construction is anticipated to generate approximately 32 jobs.
1500 Race (Cincinnati, Hamilton County)
Total Project Cost: $1,043,319
Total Tax Credit: $221,379
Address: 1500 Race Street, 45202
Positioned at the corner of 15th and Race Street in Cincinnati's Over-the-Rhine Historic District, 1500 Race was built in 1895. The brick structure stands three-stories and underwent an unsuccessful renovation effort several years ago. New owners propose commercial space on the first floor, three market-rate apartments and two vacation rental residential units. The vacation rentals with provide a unique alternative for visitors in the downtown area. The project is expected to create at least seven jobs through construction and occupancy.
1667 Hamer (Cincinnati, Hamilton County)
Total Project Cost: $215,000
Total Tax Credit: $52,500
Address: 1667 Hamer Street, 45202
Originally built as a tailor shop in 1870, 1667 Hamer is a small 2,100 square feet brick structure in the Over-the-Rhine Historic District of Cincinnati. The property was converted to residential use in the mid-1900's, but has been vacant for more than a decade and needs immediate stabilization. Through the OTR Adopt program, new owners were matched with the property and plan to rehabilitate the structure into three one-bedroom apartment units. The units will be leased at market-rate rents and the construction is expected to create three jobs.
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